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Tesco holds 28.5% UK market share, boosts profit 9.67% with new growth from Tesco Media and Whoosh.

Company Fundamentals
08 Jul 2026
Seeking Alpha
View Source
Bullish
Tesco holds 28.5% UK market share, boosts profit 9.67% with new growth from Tesco Media and Whoosh.

Tesco Plc remains the leading supermarket in the UK with a 28.5% market share, showing strong growth and profitability despite tough competition from Lidl and Aldi. In fiscal year 2026, Tesco's profit after tax rose by 9.67% to £1.79 billion, driven by its 'Save to Invest' program and operational efficiencies. New business segments like Tesco Media and the electric scooter rental service Whoosh contributed significantly, with Whoosh UK sales growing 51% and generating £400 million in revenue. Tesco offers investors a 4.4% dividend yield and potential for further gains from expanding market share and scalable new revenue streams.

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